TED
ActiveTED has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-92k) and a net result of €-34k. Equity is shrinking by ~49% per year across the filed fiscal years. Its solvency ranks better than 5% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.17 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-299.4%
Return on assets
-112.2%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€92k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
6 d early
2023
30 d late
2022
12 d early
2021
25 d late
2020
19 d late
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-92k▼ 59.9%
2024 · €-58k
2018: €26k
2019: €8k
2020: €-10k
2021: €-23k
2022: €-34k
2023: €-33k
2024: €-58k
2018 → 2025
Total assets
€31k▼ 44.9%
2024 · €56k
2018: €46k
2019: €34k
2020: €7k
2021: €4k
2022: €4k
2023: €77k
2024: €56k
2018 → 2025
Net result
€-34k▼ 40.9%
2024 · €-24k
2018: €4k
2019: €-18k
2020: €-18k
2021: €-13k
2022: €-11k
2023: €633
2024: €-24k
2018 → 2025
Working capital
€-117k▼ 24.4%
2024 · €-94k
2018: €17k
2019: €2k
2020: €-14k
2021: €-25k
2022: €-34k
2023: €-78k
2024: €-94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€-34k▼ 47.4%€-33k▲ 1.9%€-58k▼ 73.9%€-92k▼ 59.9%
Operating result€-13k-€-11k▲ 18.6%€1k€-24k€-34k▼ 41.5%
Net result€-13k-€-11k▲ 18.3%€633€-24k€-34k▼ 40.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2025 against €24k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31k
Fixed assets
€25k▼ 31.3%
Current assets
€6k▼ 70.9%
Key figures and ratios
EBITDA
€-23k▼
2024 · €-13k
Cash flow
€-23k▼
2024 · €-13k
Solvency
-299.4%▼
2024 · -103.1%
Current ratio
0.05▼
2024 · 0.17
Quick ratio
0.05▼
2024 · 0.17
Debt / equity
-1.33▲
2024 · -1.97
ROE
37.5%▼
2024 · 42.5%
ROA
-112.2%▼
2024 · -43.8%
Interest coverage
-129.12▼
2024 · -89.07
Debt
€123k▲
2024 · €113k
Debt ≤ 1 year
€123k▲
2024 · €113k
Income taxes
€310▲
2024 · €303
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€56k€31k▼
Fixed assets21/28€37k€25k▼
Tangible fixed assets22/27€37k€25k▼
Furniture and vehicles24€37k€25k▼
Current assets29/58€19k€6k▼
Amounts receivable within one year40/41€3k€3k▲
Trade receivables40€2k€2k=
Other amounts receivable41€244€558▲
Cash at bank and in hand54/58€16k€3k▼
Deferred charges and accrued income490/1€794-
Equity and liabilities
Total equity and liabilities10/49€56k€31k▼
Equity10/15€-58k€-92k▼
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-87k€-122k▼
Amounts payable17/49€113k€123k▲
Amounts payable within one year42/48€113k€123k▲
Trade debts44€1k€775▼
Suppliers440/4€1k€775▼
Taxes, remuneration and social security45€303€613▲
Taxes450/3€303€613▲
Other amounts payable47/48€112k€121k▲
Income statement
Code20242025
Non-recurring operating income76A€928-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€866€2k▲
Gross operating margin9900€-12k€-21k▼
Operating profit (loss)9901€-24k€-34k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€143€175▲
Recurring financial charges65€143€175▲
Profit (loss) for the period before taxes9903€-24k€-34k▼
Income taxes67/77€303€310▲
Profit (loss) for the period9904€-24k€-34k▼
Profit (loss) for the period to be appropriated9905€-24k€-34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-87k€-122k▼
Profit (loss) brought forward from the previous period14P€-63k€-87k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €633
Net result €633 after 4 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ronse · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hogerlucht 1189600 RonseGround area
7,494 m²
Building footprint
126 m²
Volume, LiDAR
989 m³
Parcel 45041B0409/00G000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TED
since 20152.240.019.416
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041B0409/00G000 | Flanders | 7,494 m² | 1 · 126 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Studio 709
BE 1008.226.908
Keerbergen · Eq €8k
AQUA SOLUTIONS
BE 0564.797.643
Tongeren-Borgloon · Eq €8k
NESTOR
BE 0719.694.072
Elsene · Eq €8k
DE WIJNGAARD
BE 0452.568.445
Sint-Gillis-Waas · Eq €9k
WINE TRADING FACTORY
BE 0476.842.793
Puurs-Sint-Amands · Eq €8k
Of 1,569 companies in sector 46349 we hold annual accounts for 979. 334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-2015
Fiscal year end31-12
Activities, NACEBEL
46349Wholesale of beverages, general range
43990Other specialised construction activities
43999Specialised construction activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.